TrueLayer is a three year old startup based in London which is focused on providing open banking software; Tencent Holdings...
According to Bloomberg, the company is in advanced talks for the latest round; the valuation would be about double of Affirm’s last round in April 2016; Affirm works with over 1,000 retailers and also recently rolled out a mobile app which includes a virtual credit card; the point of sale loans have annual percentage rates between 10-30%. Source
The round was led by Softbank Investment and Salesforce Ventures; the company plans to use the funds to further use...